As I type the NDX100 is trading at 1808 and taking a look at the cycles it occured to me that the next tradable low is going to be around the 1700 area. I expect that this descent will be fairly rapid and we'll trade here some time later this week. so we shall remain short until this point on the short term trade, the long term trade will remain short with a stop at 1930...P.S. it looks ugly.